L3HARRIS TECHNOLOGIES, INC. /DE/·4

Jul 2, 7:51 PM ET

Zamarro Christina L 4

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L3Harris (LHX) Director Christina Zamarro Receives 128.32-Share Award

What Happened

  • Christina L. Zamarro, a director of L3Harris Technologies (LHX), received 128.32 shares (a grant/award) on 2026-07-01 at a per-share value of $292.93, totaling $37,589. This was reported on a Form 4 filed 2026-07-02.
  • This was not an open-market purchase or sale but a credit of phantom stock units under the company's Non‑Employee Director Compensation Plan as part of a prior deferral election.

Key Details

  • Transaction date and value: 2026-07-01; 128.32 shares × $292.93 = $37,589 (transaction code A = award/acquisition).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes:
    • The units are phantom stock units credited under the 2019 Non‑Employee Director Compensation Plan and will be settled solely in common stock upon the reporting person’s separation from service (F1).
    • The total includes 23.91 phantom units credited as dividend equivalents since the last report (F2).
  • Filing timeliness: Form 4 was filed the next day (2026-07-02) and appears timely based on the provided dates.
  • Exhibit: Power of Attorney included (Exhibit 24).

Context

  • Phantom stock units are a deferred compensation mechanism; they represent a future right to receive company shares upon separation from service and do not reflect an immediate cash outlay or open-market purchase. Such grants are routine director compensation and should not be interpreted as a personal buy/sell signal.